Per the EIA’s Weekly Petroleum Status Report, average weekly ethanol production averaged more than a million barrels per day for the 16th straight week. Production fell 15,000 barrels a day to 1.04 million b/d. The current production rate is number seven on the all-time high list. Gasoline demand faltered, dropping by 508,000 barrels per day or 5.7%…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...